The Institute of Global Affairs Working Papers series features research and analysis by faculty, visiting scholars, external collaborators, and other contributors, highlighting current issues in international affairs, policy, and global developments.
Author:
Tural Akhundov
Abstract:
This paper examines the evolving relationship between Azerbaijan and Greece, tracing the development of bilateral ties from the establishment of diplomatic relations in 1992 to their current strategic importance. It highlights the central role of energy cooperation, particularly through the Trans Adriatic Pipeline and the Southern Gas Corridor, while also exploring growing opportunities in trade, tourism, logistics, renewable energy, culture, and education. The paper argues that, despite geographic and cultural distance, Azerbaijan and Greece have built a pragmatic partnership grounded in mutual respect, shared geopolitical interests, and a commitment to dialogue. As regional and global challenges continue to reshape Europe and the South Caucasus, the Azerbaijan–Greece relationship emerges as a promising model of cooperation with significant potential for future growth.
Author:
Martin Nuttens
Abstract:
This paper examines the 2026 Strait of Hormuz crisis, analyzing how one of the world’s most critical energy chokepoints became the center of a multidimensional blockade with global economic consequences. It highlights the role of maritime insurance, financial risk, legal uncertainty, and military escalation in transforming the strait from a transit corridor into a point of systemic vulnerability. The paper argues that the crisis revealed the deep interdependence between maritime security, global energy flows, financial trust, and international law. As geopolitical tensions continue to affect strategic waterways, the Strait of Hormuz emerges as a powerful case study in the fragility of global trade and the need to rethink the protection of the global commons.